Linical UK Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 09318613

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Investments	6		10,276		10,276

			10,276		10,276
CURRENT ASSETS
Stocks	7	(23,443 )		(25,560 )
Debtors	8	1,682,784		1,387,385
Cash at bank and in hand		109,965		195,876

		1,769,306		1,557,701
Creditors: Amounts Falling Due Within One Year	9	(2,752,019 )		(2,455,161 )

NET CURRENT ASSETS (LIABILITIES)			(982,713 )		(897,460 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(972,437 )		(887,184 )

Creditors: Amounts Falling Due After More Than One Year	10		(133,132 )		(133,132 )

NET LIABILITIES			(1,105,569 )		(1,020,316 )

CAPITAL AND RESERVES
Called up share capital	11		1		1
Other reserves			309,625		309,625
Profit and Loss Account			(1,415,195 )		(1,329,942 )

SHAREHOLDERS' FUNDS			(1,105,569)		(1,020,316)

Page 1

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Linical UK Limited

Balance Sheet (continued)

As At 31 March 2025

For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Tatsuya Shiraishi

Director

19 December 2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Linical UK Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09318613 . The registered office is Meacher-Jones, 6 St John's Court, Vicars Lane, Chester, Cheshire, CH1 1QE.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

2.2. Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

2.3. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Computer Equipment

25% on cost

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.6. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

2.7. Taxation

The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balance sheet date.

2.8. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 13 (2024: 7)

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Linical UK Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 April 2024	428,731

As at 31 March 2025	428,731

Amortisation
As at 1 April 2024	428,731

As at 31 March 2025	428,731

Net Book Value
As at 31 March 2025	-

As at 1 April 2024	-

5. Tangible Assets

	Computer Equipment
	£
Cost
As at 1 April 2024	2,534

As at 31 March 2025	2,534

Depreciation
As at 1 April 2024	2,534

As at 31 March 2025	2,534

Net Book Value
As at 31 March 2025	-

As at 1 April 2024	-

6. Investments

	Unlisted
	£
Cost or Valuation
As at 1 April 2024	10,276

As at 31 March 2025	10,276

Provision
As at 1 April 2024	-

As at 31 March 2025	-

Net Book Value
As at 31 March 2025	10,276

As at 1 April 2024	10,276

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Linical UK Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

7. Stocks

	2025	2024
	£	£
Work in progress	1,211	37,742
Payments on account	(24,654 )	(63,302 )

	(23,443 )	(25,560 )

8. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	1,666,863	1,349,509
Prepayments and accrued income	7,034	-
Other debtors	1,000	1,400
VAT	7,887	36,476

	1,682,784	1,387,385

9. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	9,948	(2,837 )
Other taxes and social security	26,443	40,917
Accruals and deferred income	4,758	17,535
Amounts owed to group undertakings	2,710,870	2,399,546

	2,752,019	2,455,161

10. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Other loans	1,764	1,764
Amounts owed to group undertakings	131,368	131,368

	133,132	133,132

11. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	1	1

12. Pension Commitments

The company operates a defined contribution pension scheme for its employees. The assets of the scheme are held separately from those of the company in an independently administered fund. At the balance sheet date unpaid contributions of £nil were due to the fund.

13. Ultimate Controlling Party

The company's ultimate controlling party is Accelovance Inc by virtue of its ownership of 100% of the issued share capital in the company.